Spring 2017 ICC Banking Commission Annual Meeting

Jakarta, Indonesia,
• English

Conference

Trade finance

Asia & Pacific

The ICC Banking Commission meetings are the only events of their kind gathering 500+ banking executives and government to rethink the future of trade finance, encourage governments, regulatory bodies and G20 leaders to remove obstacles to stimulate economic.

Welcome

The Banking Commission of the International Chamber of Commerce (ICC), in collaboration with the International Chamber of Commerce Indonesia, is please to invite you to the ICC Banking Annual Meeting that will be held in Jakarta, Indonesia, 3-6 April 2017.

With more than 600 members in over 100 countries, the ICC Banking Commission has established itself as the pre-eminent global forum for trade finance. Based on input from and consultations with members across the countries, the Commission produces universally accepted rules and guidelines that govern international banking practice for trade finance. This meeting, which brings together trade experts, banking professionals, business leaders, lawyers and government officials from across the world, provides a unique platform for the exchange of ideas and discourse on the opportunities and challenges facing both the business and the banking community.

As a reputable and globally recognized trade hub that has invested significantly in trade infrastructure and associated services, Indonesia provides the ideal venue for this international gathering. Trade finance, as the backbone that supports the global movement of goods, is poised to play an increasingly important role as international trade becomes a dominant driver of cross border funds flow. This is also underscored by the continued growth of Indonesia both as an importer and exporter.

Alongside these macro market developments is also a whole range of other issues which will need to be addressed to ensure the healthy development of the industry, such as cross border money laundering, terrorism financing, weapons of mass destruction, trade fraud, tax evasion and other irregularities which require prudential measures from the authorities and vigilance from the private sector. Unfortunately these necessary measures increase compliance costs, so efficient and reliable standardized practices that mitigate the cross border risks are essential. On the other hand, the increasing acceptance of Islamic Finance and the gradual international consensus on removing trade barriers will create new opportunities for all industry participants.

Over the four days, the meeting will be a timely gathering of experts from all around the world to address these and many other areas that are expected to take the Centre stage in the future development of the international trade finance industry. In addition to the formal sessions, this meeting will also be a valuable platform for informal dialogue among the fellow delegates and experts to share ideas and insights and do networking. We look forward to welcoming you in Indonesia.

Foreword

We are pleased to invite you to the ICC Banking Commission’s 2017 Annual Meeting, taking place on 3-6 April 2017 and hosted for the first time with ICC Indonesia at the Shangri-La Hotel in Jakarta.

The ICC Banking Commission expects to welcome more than 500 delegates from over 65 countries to the 2017 Annual Meeting. The event will gather leading industry figures and experts in trade finance to discuss the challenges and opportunities provided by an ever-changing, innovative, and yet uncertain landscape.

Under the theme “The Future of Trade Finance: Traditional, Technological and Transformational”, the Annual Meeting will feature high-level keynote and panel speakers in a series of informative and interactive plenary and breakout sessions as well as lively roundtable discussions addressing particular global challenges and trends in trade finance.

Primarily, the Annual Meeting will put the digitisation of trade finance under the spotlight – focusing on its power to simplify and reduce the costs of our business, while also allowing banks to better serve small- to medium-sized enterprises and stimulate trade.

Given the country’s significant investment in trade infrastructure, digitisation will be a hot topic in Indonesia, focusing on areas such as FinTech, retail trade and the role of supply chains. Indonesia, a significant hub for international trade, and South-East Asia as a region, present ample opportunities for innovation and progress in trade finance and merits close attention from the global business community. What’s more, it also offers the perfect location to discuss industry developments, considering its active role in global trade.

Of course, the region still faces its challenges – cross-border money laundering, trade fraud, and tax evasion, for instance – which require efficient and reliable standardised practices if they are to be overcome. In short, there is plenty to focus on in Jakarta.

Our popular breakout sessions will examine the state of trade in Asia- Pacific, concentrating on multilateralism and the state of trade negotiations. Furthermore, ICC Banking Commission task forces and working groups will meet to discuss technical topics related to bank guarantees, supply chain finance, factoring, forfaiting and regulation.

We are honoured to have industry experts who will contribute their time and insight for the benefits of all delegates. We are particularly grateful to ICC Indonesia, Bank Mandiri and all other meeting sponsors, whose generosity and support has made this conference possible.

Join us for networking opportunities with ICC Banking Commission members, speakers and delegates, and together consider the fascinating and challenging state of the global banking industry.